THE STANDARD BANK OF SA LTD - SBKI11 Redemption

SBKI11 Redemption

The Standard Bank of South Africa Limited


Stock Code: SBKI 11
ISIN Code: ZAG000066382
Dated: 12 February 2014
Redemption of SBKI 11 Tier II Capital Notes


On 9 April 2009, The Standard Bank of South Africa Limited
(“Standard   Bank”)   issued ZAR  1,800,000,000  Subordinated
Unsecured Notes which qualified as Tier II secondary capital
notes (the “SBKI 11 Notes”).
The SBKI 11 Notes are subject to the terms and conditions
contained in the Programme Memorandum dated 29 October 2008 (the
“Programme Memorandum”) as read together with the Applicable
Pricing Supplement issued in respect of the SBKI 11 Notes dated
7 April 2009 (the “Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, the SBKI 11 Notes
mature on 9 April 2019, however, they are redeemable at the
option of Standard Bank on 10 April 2014, subject to the prior
written approval of the Registrar of Banks.
Pursuant to Condition 47(a) of the Applicable Pricing Supplement
and after having obtained the requisite prior written approval
from the Registrar of Banks, Standard Bank hereby gives notice
that it shall redeem the SBKI 11 Notes on 10 April 2014 at the
face value thereof, together with any interest accrued thereon
up until that date.

Last Day to Register               Thursday, 20 March 2014
Books Closed from                  Friday, 21 March 2014
Payment Date                       Thursday, 10 April 2014


For further information contact:
Standard Bank
Jan Brits
Tel +27 11 415 4344
Email: janjr.brits@standardbank.co.za
Sponsor: Standard Bank

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